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<br /> I]E E� �F `f Rl���f
<br /> L�a�n 1Vo: 7 U��741�9 ���ntinu�d} @age 5
<br /> participation.
<br /> Application of Net Praceeds. I�all or any part of the Property is cvndemned by eminent domain proceedings or by
<br /> any proceeding vr purchase in lieu o�condemnation, Lender may at its elec�ion require that a11 or any p�r�i�n�f the
<br /> net proceeds flf the award be app�ied to the lnd�b�edn�ss or the repair ar restoratian of �h� Praperty. The net
<br /> proceeds of the award shall rriean the award a�ter payment of aEl reasonabl� c�s�ks, expenses, and att�rneys' fees
<br /> �ncurred by Trus�ee�r Lender in cannectivn with the condemna�i�n. .
<br /> IMP�S1T10N aF TaXES, FEES AND CHARGES �Y G�VERIVMENTAL AUTHDRITIES. Th� fall�wing pro�isions re�atin�
<br /> to governmental taxes, �ees and charges ars a part of this Deed of Trust:
<br /> Current Tax�s, Fees and Charg�s, Upon request by Lender. Trustor shall execufe such d�cuments in addi�ion ta
<br /> this Deed af Trust and tak� what���r o�her activn is �equested by Lender�o p�rfe�� and con�inue Lender's lien on
<br /> the Real Property. Trustor shal! reimburs� Lend�r for all taxes, as described bel�w, toge�h�r with all expenses
<br /> incurred in recording, perfe�ting or con�tinuing this ae�� vf Trust, including withau� limita�ian all �taxes, fees,
<br /> � do�um�ntary stamps, and other charg�s fvr recording vr registering�his Deed af Trust.
<br /> Taxes. The f�li�wing shall consti�ute taxes t� which this sectivn app�ies: {�� a specific tax upvn this �ype of
<br /> Deed a� Trust or upon all or any par� of the Indebtedness secured by �his ❑eed af Trust; {�� a specifiic tax on
<br /> �arrower which Borrower is authori�ed or required �❑ deduc� frnm payments on th� Ind�btedness secured by�his
<br /> typ� of Deed of Trust; �3} a tax an �his type �f Deed of Trust chargeable against the Lender or the h�lder of the
<br /> Note; and �4} a specific tax vn al! or any portion af the ln�ebtedn�ss �r on payments afi principal and interes�
<br /> made �y 6orrower.
<br /> Subsequent Taxes. !f any �ax to which �this s��tion applies is enacted subsequent to �he dat� afi this D�ed of
<br /> Trust, this e�en� shall have �he same ef�ect as an Event �� Defaul�, and Lender may �xercise any or all af its
<br /> aWai[able remedies for an Evsnt of De�ault as pro�ided �elaw unless Trus�ar either �1 y pays the tax bef�re it
<br /> becomes delinqu�n�, or t�� contests the �ax as praWided abov� in the Taxes and Liens section and deposits with
<br /> L�nder cash or a su�ficient corporat�surety bvnd or other security satisfact�ry to Lender.
<br /> SECURITY AGI�EEMENT; FINANCING� ST'ATEMENTS. The folla�nring provisions relating tv this Deed �f Trust as a
<br /> security agreemenfi are a part vf this ❑e�d of Trust:
<br /> Security Agreement. This instrument shall consti�ute a 5ecurity Agreemen� to �he ex�ent any vf the Property
<br /> constitutes fixtures. and Lend�r shall have all of th� righ�s �f a secur�d party un�ler the Llnifarm Ct�rnme�cial Code
<br /> as amende�#rom tim�tv timeA
<br /> Security In��rest. Upon request by Lender, Trustar sha�l take whatever action is reques�ed by L�nder �o perfect
<br /> and continue Lend�r's security interesf in the Rents and Persvnal Property. In addition #o recarding this D�ed o�f
<br /> Trus� in the r�al property recvrds. Lender may� at any �ime and ►n►ithaut �urther auth�ri�atian frvm Trust�r, file
<br /> executed c�unterparts, copies or reproduGtions of this i�ee� of Trus� as a financing stat�ment. Trust�r shal!
<br /> reimburse Lender for all expenses �n�urred in perfecting or �ontinuing �his security interest. Upvn default, Trus�ar
<br /> shall not remo�e, seWer �r detach the Personal Properfiy �rom the Property. Upon d�tault, Trustor shall assemb�e
<br /> any Personal Property nat affixed �o the Prvperty in a manner and at a pface reas�nably �onvenient to Trustor and
<br /> Lender and make i� available �n Lender within three �3} days a�Fter receipf af written demand fram Lender to �he
<br /> �xtent permitted by applicabl� 1aw.
<br /> Addresses. The mail�ng addresses af Trustor �d�b�or} and Lender �secured partyf fr�m which information
<br /> concern�ng the securi�y int�rest �ranted by this Deed a�Trust may be �b�ained {each as required by fihe Uni�orm .
<br /> Cvmmercial C�de} are as stated�n the first page of this D�ed of Trust.
<br /> FL�RTHER ASSURa4NCES: ATTDRNEY�IN-FACT. The fol�awing provisi�ns relating ta �urther assurances and
<br /> a�ttorney-in�fact are a part�f this Deed of T�ust:
<br /> Fur�rh�r Assurances. At any �ime, and from time to tirne� upvn request �� L�nder, Trustor will make, execute and
<br /> deli��r, or will cause to be made, executed or deiiWered, ta Lend�r ar to Lender's designee, and when re�uest�d �y
<br /> Lender, cause �o be filed, recorded, refiled, or rerecarded, as the case may be, at such times and in such offices
<br /> and places as Lender may deem appropriate, any and al� such m�rtgages, deeds o��rust, security deeds, security
<br /> agreements, �inanG�ng sta�ements, �ontinuatian statements, instruments ❑� further assurance, �ertificates, and
<br /> vther docum�n�s as may, in the sol� �pinion af Lender, be necessary or desirabfe in ard�r�o effec�uate, compl�te,
<br /> perfe�t, continue, or p�eserve ��� Borrower's and Trust�r's obliga�ions und�r the Note, this ❑eed vf Trust, and
<br /> the Re[ated Documents, and �2} the liens and security interests crea�ed by this Deed o�Trust as �irst and prior
<br /> liens on the Pr�perty, wh�th�r now owned or herea�ter a�quired by Trus�or. Unl�ss prahibited by law vr Lend�r
<br /> agrees ta �he contrary in wri�ting, Trustor shall reimburse Lender for aEl costs and expenses incurred in �anne�tian
<br /> wi�h the matters re�erred to in this paragraph.
<br /> Attvrn�y-in�Fact. Ef Trustor fails to do any of�he �hin�s referred to in the preceding paragraph. Lender may do so
<br /> �fvr and in the name of Trustor and at Trus��r's expense. Fvr such purposes. Trustor hereby irrevocahly appo3nts
<br /> Lender as Trus�vr's attorney-in-fac�far th� purpose of mal�ing� execut€ng, d�li�ering. filing, recording, and dving all
<br /> ather �hin�s as may be necessary or desirabl�, in Lender's svle �pinian, to accamplish the mat�ers referr�ed �a in
<br /> �che precedin� paragraph.
<br /> FULL PERFQRMANGE. l� Borrower and Trust�r pay all the Indehtedn�ss, �ncluding without limita�ion a!I �uture
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